New Mexico State Investment Council has awarded a $1.9 billion active domestic core-plus fixed income mandate to three managers, Pensions & Investments reports. The selected managers are Loomis Sayles, PIMCO and Prudential Fixed Income.

The council, which will arrange the funding from the $1.9 billion internally managed portfolio, has not yet determined the size of each managers allocation. The council launched an RFP for the search of the managers on Nov. 2, 2010.

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